According to Zhitong Finance App News, Femiao Technology (688350.SH) revealed plans to issue A-shares to specific targets in 2026. The distribution targets are Wu Yaofang, Wu Huifang, and Wu Huiying, the actual controllers of the company. The total amount of capital to be raised (including issuance fees) for issuing shares to specific targets this time is not less than 600 million yuan (inclusive) and no more than 660 million yuan (inclusive). The net amount of capital raised after deducting issuance fees will all be used to supplement working capital or repay bank loans.

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